CQ's Benton Ives reports the two Congressional Committees with jurisdiction over financial markets are looking into questions regarding Facebook's IPO and whether the bankers involved in the deal shared information about the company's future prospects with certain clients. Regulators are already looking into the allegations, which come after a disappointing first three days of trading for Facebook shares. Ives reports the Senate Banking Committee and House Financial Services Committee are both conducting briefings, and the topic is likely to come up at hearings in the near future. But lawmakers won't be able to take any punitive measures; those would come from securities regulators. Administration Launches Mobile Initiative: President Obama issued a directive (PDF) on Wednesday encouraging federal agencies to offer services via mobile phones. Every major agency will be required to offer two key government services via mobile phones within the next 12 months. The White House acknowledged in the announcement that mobile will become the primary connection to the Internet for a plurality of Americans by 2015; President Obama has consistently advocated giving the public easier access to government information online. Minorities and low-income households are particularly likely to depend on wireless devices as their primary connections to the Web. The wireless industry cheered the announcement, which will be overseen by U.S. Chief Information Officer Steven VanRoekel.